Domain: House price growth continues to slow

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By Leith van Onselen

Domain Group (previously known as Australian Property Monitors) has released its December quarter house and unit price results (below), which recorded a 2.1% increase in house prices over the quarter at the national capital city level, and a 1.7% rise in national capital city unit prices.

In the year to December 2014, APM recorded an 7.1% increase in national capital city house prices and a 6.0% rise in unit values – a deceleration from the 9.4% (houses) and 6.8% (units) annual growth reported in the September quarter release.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.